The USC stablecoin is soft-pegged to USD, following the battle-tested MakerDAO's Collateral Debt Position (CDP) model that mints the DAI stablecoin. USC tokens are generated when a lender deposits a set amount of collateral, into a collateralized debt position (CDP), and is available for minting on the Carbon protocol, via its native Nitron Money Market platform.
Carbon is a decentralized layer 2 cross-chain trading protocol engineered by Switcheo Labs, designed specifically to support trading of sophisticated & advanced financial instruments such as options, bonds and futures, at scale.
